Dear Valued Clients and Visitors: As our nation responds to COVID-19, our firm is taking precautionary measures by closely following and reinforcing the guidelines from the CDC and local health authorities. Our physical office is open on a intermittent basis. However, please be assured that we are open for business and ready to serve your needs.

If you have a tax problem or inquiry please call and if we are not in leave a message. A return phone call will be made within a short period of time. Now is the time to address your tax matter. We remain committed to our clients and colleagues through these unusual times. Please stay safe and healthy.

Posts tagged "IRS"

By of Law Offices of Robert T. Leonard, APC posted in Firm News on Tuesday, April 28, 2020.

A message from Robert T. Leonard, Attorney & CPA

"During this unprecedented time the Government is taking steps to help taxpayers. In addition to the $2 trillion stimulus bill the IRS has relaxed its guidelines and conditions for its premier taxpayer relief program - called the Offer in Compromise. The IRS is processing Offer's at this time and based upon my recent conversations with offer in compromise specialists and appeals officers now is the time to submit yours. Like the stimulus bill, the IRS wants to assist taxpayers with tax debt and the offer in compromise program is the method to use."

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Wednesday, February 21, 2018.

Frugality is often beneficial, but there are certain situations when a good deal ends up costing a lot more than expected in the long run. This can be the case when using a low cost, do-it-yourself tax software program. These programs are not always bad, some tax filers find these systems helpful and may benefit. However, others could set themselves up for additional problems in the future.

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Monday, February 5, 2018.

Life in the military is not the same as the life of a civilian. Those in the military are often required to move for training and other obligations. The basics of their compensation can be different than those who work within the private sector. Due to these and other considerations, the tax filings of a military serviceman are often more complex than their civilian peers.

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Thursday, January 11, 2018.

The Internal Revenue Service (IRS) has experienced a number of budget cuts in recent years. These budget cuts have made it difficult for the agency to maintain the staff needed to provide quality tax administration. This reality has led many tax advocates to voice concerns about the agency’s ability to administer the new tax law.

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Friday, December 22, 2017.

President Donald Trump signed the recently passed tax reform bill into law earlier today. The bill makes a number of changes to tax law. Two of the main changes include a reduction in the top individual tax rate. This rate is currently set at 39.6 percent and is reduced to 37 percent.

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Friday, December 8, 2017.

The Internal Revenue Service (IRS) has a number of tools to gain payment. A taxpayer that is accused of failing to meet his or her tax obligations could become the victim of one of these tools. Examples include a levy, garnishment, lien, seizure or other collection matter.

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Friday, December 1, 2017.

As a business owner, you already understand the importance of building wealth. While many are building wealth through traditional means (i.e. Roth IRAs, 401k plans), most are unfamiliar with the concept of self-directed IRAs. Moreover, they don't know how a self-directed IRA can be beneficial in growing one's business.

On behalf of Law Offices of Robert T. Leonard, APC posted in IRS on Friday, November 24, 2017.

With December coming next week, the holiday season will be in full swing and businesses of all sizes will be solicited by charitable organizations for donations. The proverbial benefits to making these types of donations are that a needy group will benefit, and the business making the donation will benefit with a tax break.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.